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  • Offshore credit card merchant account – A lifeline for your business




    International merchant accounts or offshore merchant accounts are credit card processing companies that cater to certain businesses. Some businesses due to the nature of the products or services they deal in are kept at a safe distance by regular credit card processing companies. In the light of this, these companies which are called high risk are better served by international or offshore companies to register their merchant accounts with.

    Such businesses include gaming websites, online club, telemarketing, grown-up websites, online pharmacies, cigarette businesses and a large group of others.

    Accepting all types of payment is imperative for businesses

    As should be obvious the majority of these companies does their businesses online and would need a system to accept credit cards online. These international merchant account companies provide them the apparatuses to process payments online through an offshore credit card merchant account.

    The services they provide include accepting credit and debit cards online, by phone or through mobile devices, for example, PDA's and advanced mobile phones. They are already aware of the high risk nature of the business and therefore charge a premium exchange fee for each payment processed.

    The services they provide include accepting credit and debit cards online, by phone or through mobile devices, for example, PDA's and advanced mobile phones. They are already aware of the high risk nature of the business and therefore charge a premium exchange fee for each payment processed.

    The advantages are many

    Despite the disadvantage the merchant may have by paying a higher exchange fee, there are quite a number of advantages in utilizing the services of an offshore merchant account provider. Some of these advantages include a multi currency payment processing terminal. They can serve customers from any part of the globe and they process payment in a wide range of currencies with no problems or delays.

    They have sophisticated trick control features and extortion protection systems incorporated with their system and they likewise provide a virtual payment system as a shopping cart situated right on your website. Notwithstanding that, offshore companies can handle very large volumes of movement and are neither constrained by low volumes. They additionally couldn't care less if there is a high percentage of charge back or returns. Every exchange is processed appropriately and exchange fees applied to them as needs be.

    Finally,

    Offshore credit card merchant account likewise provides their customers moment online reports for their every day exchanges furthermore work closely with the real credit card companies like Visa, MasterCard, Discovery and American Express. This gives the merchant an open door for worldwide recognition and acceptance around the globe, expanding their business over international borders.

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